La solución Rothschild al problema griego

***Donoso*** · 09/05/2010

Una curiosa combinación de 2 artículos, que dejo aquí para que cada uno piense lo que quiera.

Primero un artículo procedente de una web "conspiranoica" sobre los planes ocultos de la banca judía que provoca la crisis económica:

Rothschild's Secret "Solution" to Greek "Problem"

February 18, 2010

by Jean D'Eau in Budapest

(for Henrymakow.com)

A friend of mine who is a now a disilusioned high ranking member of the Jewish Freemasonry in Budapest has told me what is coming regarding the Greek crisis.

Greece was chosen to play the role of the European Union bankrupt member state in order to "create" the big problem to which the European Union is going to "find" the "solution" soon. Greece was chosen because it symbolizes Europe (nobody in Europe cares about countries like Hungary or Estonia) and because its economy was relatively easy to devastate after it renounced its own currency.

The European "elites" are using Greece to persuade the sheeple that if the Greek problem is not fixed, Southern Europe will go bankrupt which will trigger the collapse of the whole European financial system and thus the bankruptcy of the whole European economy.

The "problem" is that the so-called Eurozone (where the euro currency replaced the national currencies) is doomed to collapse since the Southern European states (as well as the Eastern ones) cannot sustain their economy if they are no longer in position to devalue their own currency in order to boost export and tourism (they are now sucked to the euro currency.)

That's where corrupt globalist politicians played their role in weakening their own economy by every means but the current "global recession" triggered by the international Khazar bankers was the main part of the plan to bring the Southern and Eastern European economies to a breaking point as well as to weaken the US economy and collapse the Chinese, Indian and Russian economies.

The "only solution" soon to be proposed soon by the EU is to suppress the national fiscal and budgetary policies in Europe and have a centralized European budget. All European states will have to send most of their tax money to a central European government and the national budgets will be established by this central government too.

It is going to be a bit more complicated but it will mean that the European national governments will cease to exist. In parallel, the European Union is already announcing the "necessary" creation of a big European Army to match the predominant military power of the US in the NATO.

As you already know, the international bankers are indeed mainly European bankers (Rothschild and co.) and these are the real brains behind the man-made global recession (just as they are behind the "global warming" scam.)

Thus the European "elites" are now on the way to becoming more powerful than the traditional US "elites". All they need is to make the European Union a real superstate (centralized taxation and budgetary policy) with a real super army (the coming European Army.) Then, the US "elites" will be forced to merge the US into the EU and not the opposite as they would like.

The resulting "UNION" (this is the projected label) would be an empire ruled by the money powers whose ancestor ruled the Khazar empire at that time. If anybody still believes that the "Protocols of the Learned Elders of Zion" is a fake, wait until the plan above is fulfilled and they will wake up in an "Elders of Zion" world. Unless of course America, China or Russia can stop the raise of the new Khazar empire.

***Donoso*** · 09/05/2010

Y ahora un artículo de George Soros en el Financial Times donde, menos explícitamente, viene a decir lo mismo:

The euro will face bigger tests than Greece

By George Soros
Published: February 21 2010 18:40 | Last updated: February 21 2010 18:46

Otmar Issing, one of the fathers of the euro, correctly states the principle on which the single currency was founded. As he wrote in the FT last week, the euro was meant to be a monetary union but not a political one. Participating states established a common central bank but refused to surrender the right to tax their citizens to a common authority. This principle was enshrined in the Maastricht treaty and has since been rigorously interpreted by the German constitutional court. The euro was a unique and unusual construction whose viability is now being tested.
The construction is patently flawed. A fully fledged currency requires both a central bank and a Treasury. The Treasury need not be used to tax citizens on an everyday basis but it needs to be available in times of crisis. When the financial system is in danger of collapsing, the central bank can provide liquidity, but only a Treasury can deal with problems of solvency. This is a well-known fact that should have been clear to everyone involved in the creation of the euro. Mr Issing admits that he was among those who believed that “starting monetary union without having established a political union was putting the cart before the horse”.

The European Union was brought into existence by putting the cart before the horse: setting limited but politically attainable targets and timetables, knowing full well that they would not be sufficient and require further steps in due course. But for various reasons the process gradually ground to a halt. The EU is now largely frozen in its present shape.

The same applies to the euro. The crash of 2008 revealed the flaw in its construction when members had to rescue their banking systems independently. The Greek debt crisis brought matters to a climax. If member countries cannot take the next steps forward, the euro may fall apart.
The original construction of the euro postulated that members would abide by the limits set by Maastricht. But previous Greek governments egregiously violated those limits. The government of George Papandreou, elected last October with a mandate to clean house, revealed that the budget deficit reached 12.7 per cent in 2009, shocking both the European authorities and the markets.

The European authorities accepted a plan that would reduce the deficit gradually with a first instalment of 4 per cent, but markets were not reassured. The risk premium on Greek government bonds continues to hover around 3 per cent, depriving Greece of much of the benefit of euro membership. If this continues, there is a real danger that Greece may not be able to extricate itself from its predicament whatever it does. Further budget cuts would further depress economic activity, reducing tax revenues and worsening the debt-to-GNP ratio. Given that danger, the risk premium will not revert to its previous level in the absence of outside assistance.

The situation is aggravated by the market in credit default swaps, which is biased in favour of those who speculate on failure. Being long CDS, the risk automatically declines if they are wrong. This is the opposite of selling short stocks, where being wrong the risk automatically increases. Speculation in CDS may drive the risk premium higher.

Recognising the need, the last Ecofin meeting of EU finance ministers for the first time committed itself “to safeguard financial stability in the euro area as a whole”. But they have not yet found a mechanism for doing it because the present institutional arrangements do not provide one – although Article 123 of the Lisbon treaty establishes a legal basis for it. The most effective solution would be to issue jointly and severally guaranteed eurobonds to refinance, say, 75 per cent of the maturing debt as long as Greece meets its targets, leaving Athens to finance the rest of its needs as best it can. This would significantly reduce the cost of financing and it would be the equivalent of the International Monetary Fund disbursing conditional loans in tranches.

But this is politically impossible at present because Germany is adamantly opposed to serving as the deep pocket for its profligate partners. Therefore makeshift arrangements will have to be found.

The Papandreou government is determined to correct the abuses of the past and it enjoys remarkable public support. There have been mass protests and resistance from the old guard of the governing party, but the public seems ready to accept austerity as long as it sees progress in correcting budgetary abuses – and there are plenty of abuses to allow progress.

So makeshift assistance should be enough for Greece, but that leaves Spain, Italy, Portugal and Ireland. Together they constitute too large a portion of euroland to be helped in this way. The survival of Greece would still leave the future of the euro in question. Even if it handles the current crisis, what about the next one? It is clear what is needed: more intrusive monitoring and institutional arrangements for conditional assistance. A well-organised eurobond market would be desirable. The question is whether the political will for these steps can be generated.

The writer is chairman of Soros Fund Management and author of the Soros Lectures, published by PublicAffairs this month

**kurt hausser** · 10/05/2010

Bueno, publicaffairs es una revista con padre y madre... quiero decir que bebe de buenas fuentes; es decir, que el famoso libro de los "protocolos" se cumple. La que nos espera!!! lectura recomendada: "The synagogeof satan" the A. Carrington. Por cierto, que todo lo que estamos presenciando, indica dos cosas:
a) que estamos n un momento de aceleración en que ya no estamos a la espectativa de los proximos años, si no meses o semanas.
b) que ya cada vez menos gente que se considere informada se cree la megamilonga oficial de cómo es el mundo y como fue la historia de los ultimos cien años... la película Matrix es absolutamente cierta!